4 Good Ways to Go Broke in Retirement
Making your retirement money last is imperative to enjoying financial security in your later years. Unfortunately, far too many retirees make major mistakes that could leave them at risk of running short of cash. Here are four big errors that could leave you broke.
To make sure your retirement money doesn't run short, you can't afford to drain your account too quickly. Taking too much money out impairs the ability of your money to work for you. When you have too little invested to earn reasonable returns, your accounts will empty out fast.
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Source Fool.com
